Information for Parents

Key Learning

Steps to Apply, Get Approved and Spend ESA Funds

This user-friendly platform is designed to help you navigate the diverse landscape of Education Savings Accounts across different programs. As a parent, this tool will show you a an easy to understand outline on the steps you need to take in order to set up an ESA and how to access the funds.

Directions

From the list of state programs below, simply select the specific program you would like to explore. The results will show you a simplified overview of the steps to apply, get approved and spend ESA funds. Where available, we also provide links to applications and other resources.

With this tool, you can compare state programs, analyze program features, and make informed decisions.

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ARKANSAS: Arkansas Children's Educational Freedom Account Program

  • APPLICATION AND APPROVAL: APPLICATION AND APPROVAL
  • Application And Approval Steps:
  • SPENDING ESA DOLLARS: SPENDING ESA DOLLARS
  • ESA dollars steps:
    • Step:

      Upon acceptance to EFA, schools register as approved vendors through the ClassWallet portal.

    • Step:

      Schools invoice parents for tuition and other required expenses quarterly

    • Step:

      In ClassWallet, parents provide proof of invoice and select the school to which they would like to designate funds.

    • Step:

      ADE reviews parent fund designations; approvals require no further action from schools or families.

    • Step:

      Payments to schools are processed within 2-10 days of ADE approval.

    • Step:

      Payments continue on a quarterly basis following the same process.